The Best Bitcoin, Ethereum, and Multi-Currency Wallet Reviews of 2018

How you store your cryptocurrency is not something to take lightly. In this guide, we not only want to help you find the Best Bitcoin, Ethereum, or Multi-Currency Wallet, but also to teach you what makes a good wallet. 

Hardware wallets are widely considered to be the best and most secure way to store cryptocurrency, but they cost money. Free options like desktop, mobile, and online wallets are also covered in this guide. We highly recommend educating yourself on the different types of wallets before making your decision.

Compare All The Best Cryptocurrency Wallets



Ledger Wallet Logo

Ledger Nano S

HardwareGreatBTC, ETH, BCH, LTC, NEO,




ERC-20 Tokens

€79 (~$97)

Visit Ledger

Trezor Cryptocurrency Wallet Logo


HardwareGreatBTC, ETH, BCH, ETC, LTC


ERC-20 Tokens

€89 (~$106)

Visit Trezor

keepkey hardware wallet logo


HardwareGreatBTC, ETH, DASH,


$129Visit KeepKey

Exodus Logo Small


DesktopGoodBTC, ETH, LTC, BBCH, Dash,




Visit Exodus

jaxx logo small




GoodBitcoin & 50+ MoreFree

Visit Jaxx

Electrum Logo SmallElectrum

DesktopGoodBitcoinFreeVisit Electrum

The first category of cryptocurrency wallets we'll be covering are hardware wallets. These wallets we've chosen are not only our picks for the best hardware wallets, but also our overall picks for the best wallets.

You can learn more about why hardware wallets are considered the best and most secure options here.

Best Hardware and Overall Wallet

Ledger Nano S

  • The first Ledger wallet was launched in 2015. Since then Ledger has been a widely trusted way to store cryptocurrency.
  • Stores your private keys offline on the device, protecting your Bitcoin and altcoins from malware.
  • More affordable than other leading hardware wallets at €79 (~$97)
  • Offers support for far more cryptocurrencies than competitors, including; Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Neo, Dash, Ripple, Zcash, Ethereum Classic, Stellar, and many more.
  • Can connect to any computer through USB.
  • Ledger Apps, the applications used to store individual cryptocurrencies, are open source to allow peer review.
  • Solid device, made from stainless steal and plastic.
  • Creates a backup phrase at initial set up, allowing you to restore your wallet if you lose or damage the physical device.

Longest Trusted Hardware Wallet


  • The first Bitcoin hardware wallet.
  • Satoshi Labs, the company behind Trezor, has been operating since 2013.
  • Like the Ledger Nano S, the Trezor stores your private keys offline on the device, which protects your Bitcoin from malware.
  • Slightly more expensive than ledger, at €89 (~$106)
  • Supports cryptocurrencies Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, Zcash, Bitcoin Gold, and Ethereum Classic.
  • Trezor's code is open sourced and has been peer reviewed.
  • Connect to your computer using USB cable.
  • Allows you to back up your wallets, by creating a backup phrase at initial set up. This can be used to restore your wallets if your device is lost or damaged.
  • Easier to set up and use than the Ledger Nano S.

Another Great Hardware Option


  • Launched in 2015.
  • Like the Trezor and Ledger, KeepKey stores your wallet's private keys offline on the device, keeping them safe from malware.
  • Supported cryptocurrencies Bitcoin, Ethereum, Litecoin, Namecoin, Doge, and Dash.
  • Most expensive wallet of the group at $129.
  • KeepKey firmware is fully open source.
  • Aluminum case with polycarbonate front, making this device feel sturdier than its competitors.
  • Connect to any computer through USB.
  • Restore your wallet with generated backup phrase if the hardware is lost or damaged.

Desktop wallets are another popular method for storing Bitcoin and other cryptocurrencies. These wallets store your private keys on your computer's hard drive. It's important to understand that these wallets are only as secure as your computer is. If your computer becomes infected with malware, your wallet could be compromised. 

You can learn more about the different types of Bitcoin wallets here.

Best Bitcoin and Altcoin Desktop Wallet


  • Development began for Exodus in 2015.
  • Available for Windows, Mac, and Linux.
  • Stores private keys on your computer.
  • Supported Cryptocurrencies" Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, EOS, Ethereum Classic, OmiseGo, SALT, Aragon, Augur, BAT, Civic, Decred, District0x, FunFair, and Golem
  • Has ShapeShift integrated on the wallet, allowing you to trade cryptocurrencies from within the software.
  • Exodus is not fully open source, although you can see certain individual components on their Github.
  • Allows you to restore your wallet using email and password.

Popular Desktop and Mobile Wallet


  • Founded in 2014 by Anthony Di lorio (Ethereum Co-Founder).
  • Available on Windows, Mac, Linux, Android, iPhone, Tablet, iPad, and Google Chrome Extension
  • Stores private keys on your computer, phone, or tablet.
  • Can pair wallet across multiple devices.
  • Supports Bitcoin and 50+ more cryptocurrencies.
  • Integrated with ShapeShift to allow you to exchange cryptocurrencies for other cryptocurrencies right from your wallet.
  • Is not open source, but most code can be viewed on their website.
  • Allows you to restore your wallet using a backup phrase.

Long-Trusted Bitcoin Wallet


  • Founded in 2011
  • Available on Windows, Mac, Linux, Android
  • Stores private keys on your computer
  • Electrum only supports Bitcoin, no alternative cryptocurrencies.
  • Electrum's server code is open source.
  • Allows you to restore your wallet using a backup phrase.

We'll be covering two different types of mobile wallets in this section.

The first type of mobile wallet functions similarly to desktop wallets. They store your wallet's private keys on your mobile device. This puts you in full control over your coins and makes you fully responsible for keeping it safe.

The second type of mobile wallet is hosted by a private company. This option does not give you access to your private keys and has you partially rely on the company to keep your funds safe.

You can learn more about the different types of cryptocurrency wallets here.

Popular Desktop and Mobile Wallet


  • Founded in 2014 by Anthony Di lorio (Ethereum Co-Founder).
  • Available on Windows, Mac, Linux, Android, iPhone, Tablet, iPad, and Google Chrome Extension
  • Stores private keys on your computer, phone, or tablet.
  • Can pair wallet across multiple devices.
  • Supports Bitcoin and 50+ more cryptocurrencies.
  • Integrated with ShapeShift to allow you to exchange cryptocurrencies for other cryptocurrencies right from your wallet.
  • Is not open source, but most code can be viewed on their website.
  • Allows you to restore your wallet using a backup phrase.

Highly Rated Mobile Wallet in Android App Store


  • The company behind Mycelium was founded in 2008, a year before Bitcoin was launched. In 2013, they began working on the Mycelium Bitcoin Wallet.
  • Available on Androi and IOS.
  • Stores private keys on your phone.
  • Only Bitcoin is supported currently, but more cryptocurrencies are planned to be added.
  • Built in Bitcoin marketplace, which allows you to buy and sell Bitcoin from other Mycelium users in your area.
  • Allows you to restore your wallet by backing up your private keys.

What makes a cryptocurrency wallet good is dependent on your needs.

In general, security is the biggest priority for most coin holders. If you own an amount of Bitcoin, Ethereum, or Altcoins that are significant to you, we highly recommend making security your main focus.

We’ll also be covering wallets geared towards making frequent transactions, including mobile and online wallets.

A Brief Look at How Cryptocurrency Wallets Work

While it's often said that a wallet stores your cryptocurrency, this is not technically the case. Instead wallets store ECDSA keypairs, including a private key.

A Private Key is a long string of characters stored in your wallet that’s used to sign the transactions you send. It may be helpful to think of a private key as a password needed to send transactions.

Example Bitcoin Private Key: E9873D79C6D87DC0FB6A577863338F4453213303DA61F20BD67FC233AA33262

As the name suggests, your private key should stay a secret. Anyone who knows your private key can access your cryptocurrency.

When determining which wallet to choose, you should be looking for a wallet that does the best job storing and securing your private keys. The same way you’d want to store a large sum of cash in a safe rather than under your mattress, you want to choose the most secure cryptocurrency wallet.

Cryptocurrency Addresses are generated by your private key and are mathematically related. Your Bitcoin address is what you give to others to send you Bitcoin. Think of your Bitcoin address like an email address.

Example Bitcoin Address: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2

While your Bitcoin address is mathematically related to your private key, there’s no way to find your private key just by looking at your Bitcoin address. In other words, it’s completely safe to tell others your Bitcoin address (and necessary for someone to send you Bitcoin).

The Different Types of Cryptocurrency Wallets

There are 5 main wallet types we’ll be covering; Hardware, Paper, Desktop/Software, Online/Web, and Mobile.

Hardware wallets are physical devices that store your private keys offline in “cold storage”. By keeping the keys offline, they are immune to computer viruses. Most hardware devices also allow you to set up a pin code, that will be required to access the device.

These hardware devices are widely considered to be the most secure type of Cryptocurrency wallet, while still being fairly convenient for everyday use.

Hardware Wallets Trezor, Ledger, KeepKey

So, what’s the catch?

Since these are physical devices, they cost money. Usually around $50-250.

While it might not make sense to invest $100 on a wallet to hold $200 worth of cryptocurrency, there’s certainly a point where the added security is worth the cost.

Think back to the analogy we made about storing cash in a safe vs under your mattress. At a certain point, the amount of cash you have will make you want to fork over some of it to buy a safe.

It’s also important to note that it’s possible to recover your funds if you lose your physical device. When setting up the device, you will be provided with a “recovery seed” that you should write down. This recovery seed will be a string of random words, that can be used to access your private key. Be sure to keep this recovery seed stored in a secure place.

Paper Wallets are an alternative offline cold storage method to hardware devices. These are physical pieces of paper with your private and public keys written on them. There are a number of trusted generators that you can use to create a paper wallet.

Bitcoin Paper Wallet

There are however a number of downsides to paper wallets compared to hardware wallets:

  • If your computer is infected with malicious software when you create your paper wallet, then your key pair could be compromised. It’s ideal to use a brand-new computer when creating a paper wallet.
  • Paper wallets are considered safe to use to transfer Bitcoin or Altcoins ONLY one time. This is because you’ll need to import your key pair to a software or online wallet to interact with the blockchain. After doing this, your coins are only as safe as the software or online wallet you used. For this reason, paper wallets are best for investors wanting to hold onto Bitcoin or Altcoins for a prolonged period of time.
  • Paper wallets leave more room for human error when setting up and storing.

If you're interested in creating a Bitcoin or Ethereum paper wallet, we recommend this guide.

Desktop Software Wallets are computer programs that store your key pairs on your computer.exodus macbook

The obvious downside to these wallets is that they’re susceptible to viruses if your computer becomes infected. If your wallet is not backed up elsewhere, there’s additional risk of losing your keys if your hard drive breaks. Like with creating a paper wallet, it’ ideal to use a new computer and then dedicate its use to storing your wallet.

We do not recommend “storing” significant amounts of Bitcoin or other cryptocurrencies on your computer.

Online Wallets are accessible through an internet browser. The advantage of these wallets is that you can access them from any device from anywhere in the world.

The major disadvantage of most online wallets is that the websites store your private keys, rather than you possessing them. This take the security out of your hands and forces you to trust that the company will act in good faith.

We recommend only storing small amounts of cryptocurrency on online wallets.

Mobile Wallets are apps on your phone or tablet. There are two types of mobile wallets:

  • Some mobile wallets store your private key on your device, like desktop wallets.
  • Some mobile wallets hold your private keys under their control, like online wallets.

The advantage of mobile wallets is being able to send cryptocurrency on the go. However, they come with the same risks as desktop and online options.

Jaxx Android Mobile Bitcoin Wallet
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